The pre-owned fashion market is forecast to grow worldwide by 15-20% per year until 2025, says a survey by BCG for resale specialist Vestiaire Collective, outlining the different profiles of the market’s players.
Struggling Quiz released results for the year to the end of March on Tuesday. And while they included only a few weeks hurt by the pandemic, they showed Quiz was already facing challenges before the current crisis.
Gameswear start-up Fulllife has yet to drop a collection, but the company headed by French entrepreneurs Alexandre Malsch, Bruno Maugery, Thomas Chambolle and Philippe Vial has already raised €2.5 million.
On Sunday, Tom Van der Borght, a Belgian designer whose clothes one must “dare to wear”, made with recycled materials that “no one wants any more,” won the main prize at the fashion festival in Hyères, France.
The Milan fashion powerhouse has significantly expanded its Prada Re-Nylon selection, offering ready-to-wear, footwear and accessories for men and women, underlining its commitment to a sustainable business model.
Alpargatas Company has named Frederic Levy as the President of its Havaianas International operation. This means he’ll be responsible for all the label’s markets outside of its domestic market, Brazil.
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